Author: openjargon

The ASX dividend stock Washington H. Soul Pattinson and Co. Ltd (ASX: SOL) has an incredible record when it comes to consecutive annual dividend growth. Its regular dividend has been hiked every year since 1998!

That dividend record is so old it’s almost a millennial! That’s impressive.

Think of all the things in that time that could have caused the business to stop its consistent dividend growth.

There was the dotcom bubble bursting 26 years ago.

The GFC in 2008 and 2009 was a huge financial crunch, but the Soul Patts dividend kept increasing.

The COVID-19 impacts were widespread in 2020, yet the Soul Patts payout continued to grow.

High levels of inflation meant plenty of ASX dividend stock’s streaks ended somewhere between 2022 to 2024, but Soul Patts’ payment increased year after year.

The latest result was the FY26 half-year result, where the interim dividend was hiked by 9.1% to 48 cents per share.

In my view, the business can continue increasing its dividend for many years to come because of a few key factors.

Sustainable dividend payout ratio

The investment house pays out a majority of its cash flow as a dividend each year, but it’s not like it’s paying out an extremely high figure like 98% of its earnings each year.

Each year, it’s retaining a significant portion of its cash flow so that it can invest in new opportunities and there’s room in the dividend payout ratio for the business to not achieve profit growth and still sustainably hike its dividend for multiple years before reaching a 100% dividend payout ratio.

In the FY26 half-year result, the business reported that its interim dividend was just 54.6% of net cash flow from investments, which I’d call extremely healthy.

Why I expect further payout growth from the ASX dividend stock

Soul Patts has invested in a variety of businesses and industries that generate defensive cash flow. These investments largely have good growth potential too. It can perform in all conditions.

Some of its larger investments include industrial property, swimming schools, telecommunications, ’emerging companies’, electrification, agriculture, water entitlements and plenty more.

Over time, Soul Patts’ investment portfolio steadily changes to be future-focused. For example, it recently sold down its TPG Telecom Ltd (ASX: TPG) position. Time will tell where it re-invests that money.

What I do know is that Soul Patts is looking internationally for opportunities, expanding its horizon to find the best ideas. Additionally, the company is staying aware of AI risks, which is good considering the level of disruption that could occur in the coming years.

With the ASX dividend stock deliberately pursuing private business investments, I think it’s a great option to own for the long-term, offering something quite different to the overall ASX share market.

The post Has your ASX dividend stock increased its payout 28 years in a row? appeared first on The Motley Fool Australia.

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Motley Fool contributor Tristan Harrison has positions in Washington H. Soul Pattinson and Company Limited. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Washington H. Soul Pattinson and Company Limited. The Motley Fool Australia has positions in and has recommended Washington H. Soul Pattinson and Company Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

The Deep Yellow Ltd (ASX: DYL) share price is in focus today after the uranium developer released an exploration update for the March 2026 quarter, highlighting the completion of 133 drill holes at the Tinkas Prospect in Namibia and a seismic survey at the Alligator River Project in the Northern Territory.

What did Deep Yellow report?

• 133 holes (1,363m) drilled at Tinkas Prospect, Namibia, completed mid-March 2026.
• Uranium mineralisation confirmed in 38 drill holes (minimum 100 ppm eU₃O₈).
• Key intersections include 11m at 265 ppm and 4m at 244 ppm eU₃O₈.
• Seismic survey finished at Condor Prospect, Alligator River Project, NT.
• Five new priority drill targets identified at Condor for 2026 season.

What else do investors need to know?

Deep Yellow’s drilling at Tinkas Prospect, just north-west of its flagship Tumas Project, confirms uranium mineralisation in both calcretised palaeochannel sediments and basement rocks. The company states further work may be needed before declaring a resource in the Tinkas area.

At the Alligator River Project, a reflection seismic survey mapped highly conductive Cretaceous cover and helped highlight several basement faults—now priority targets for future drilling. The Northern Territory Government contributed $100,000 to support this seismic program.

Exploration in Namibia during 2026 will also focus on other prospects like S-Bend and Aussinanis, as Deep Yellow continues to develop its regional pipeline.

What’s next for Deep Yellow?

Deep Yellow will integrate new drill and seismic data to refine targets at both Namibian and Australian prospects. The next drilling campaign at Alligator River is scheduled for the second quarter of 2026 and may provide further resource upside if successful.

With projects in both Namibia and Australia, the company’s dual-pillar growth strategy aims to underpin a globally diversified uranium supply as nuclear energy demand rises. Ongoing exploration, along with continued project development and potential M&A, are central to Deep Yellow’s long-term plans.

Deep Yellow share price snapshot

Over the past 12 months, Deep Yellow shares have risen 109%, outperforming the S&P/ASX 200 Index (ASX: XJO) which has risen 12% over the same period.

View Original Announcement

The post Deep Yellow provides March 2026 exploration update appeared first on The Motley Fool Australia.

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• Perseus Mining lifts gold production and maintains strong balance sheet in March 2026 quarter
• Temple & Webster names Susie Sugden CEO as Mark Coulter becomes Executive Chair

Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

The iShares S&P 500 ETF (ASX: IVV) is one of the most popular and effective ASX-listed exchange-traded funds (ETFs). It has been an excellent option for delivering capital growth, though it’s not known for passive income.

The fund is invested in many of the largest and most profitable US companies such as Nvidia, Apple, Alphabet, Microsoft, Amazon, Broadcom, Meta Platforms, Tesla and Berkshire Hathaway.

Investment performance has been exceptional, though past performance is not a guarantee of future returns, of course.

Over the past five years it has returned an average of 14.1% per year and in the past decade it has returned an average of 15.2% per year. In the past three years, it generated an average return of 17.2% per year.

Great at building wealth

I think any investment that can compound wealth at a faster rate than 10% per year is very attractive.

Imagine if it could continue to deliver returns of an average of 12% per year from here? I’ve chosen a return rate materially below what it has achieved over the last 10 and 15 years. If it returned 12% per year in that time, a $1,000 investment per month would become $1 million in around 20 years.

Allocating more money (such as $2,000 per month) to the IVV ETF could help create $1 million faster than 20 years, or generate a much stronger level of wealth after 20 years.

How I’d create passive income from the IVV ETF

The ASX ETF does have a small dividend yield which some investors may appreciate. But, due to the fact that the dividend yield of the underlying companies is low, the dividend yield of the fund itself is low.

At the end of March 2026, the fund reported a 12-month trailing dividend yield of just 1%. If someone had $1 million, then that dividend yield would only create $10,000 of passive income. I’d be looking for a lot more cash flow than that.

I’d utilise a strategy of selling down a small portion of the amount each year to create that desired cash flow/passive income of $50,000.

For example, in the first year, if I started with a $1 million in IVV ETF, I’d expect $10,000 of dividends and I could sell another $40,000 of the ASX ETF’s units after 12 months for a total of $50,000. In other words, we’ve tapped a 5% passive income ‘yield’ on the original $1 million balance.

If the fund delivered a total return of say 10% during that 12-month period, the $1 million would grow to $1.05 million (after accounting for the ‘withdrawal’ of $50,000). In this scenario, we’ve unlocked great cash flow/passive income and seen the nest egg grow in value.

I’d only want to take out around 4% to 5% each year (or less) because some years may only see a small return, or even declines. So, it’s a good idea to save some of the gains for when the market does temporarily decline.

By selling down a portion of a great capital growth investment each year, we can build wealth and generate cash flow.

The post How I’d use the iShares S&P 500 ETF (IVV) to create $50,000 annual passive income appeared first on The Motley Fool Australia.

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Motley Fool contributor Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Alphabet, Amazon, Apple, Berkshire Hathaway, Broadcom, Meta Platforms, Microsoft, Nvidia, Tesla, and iShares S&P 500 ETF and is short shares of Apple. The Motley Fool Australia has recommended Alphabet, Amazon, Apple, Berkshire Hathaway, Meta Platforms, Microsoft, Nvidia, and iShares S&P 500 ETF. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

The West African Resources Ltd (ASX: WAF) share price is in focus after the company posted record quarterly results, including a cash balance of A$847 million and Q1 gold production of 107,728 ounces at an all-in sustaining cost (AISC) of US$1,921/oz.

What did West African Resources report?

• Q1 2026 gold production: 107,728 ounces at AISC of US$1,921/oz
• Q1 gold sales: 104,145 ounces at a realised price of US$4,945/oz
• Record cash balance of A$847 million at 31 March 2026
• Operating cash flow of A$440 million for the quarter
• A$213 million in unsold gold bullion at quarter-end
• Ore Reserves increased to 7 million ounces, Mineral Resources up to 13.7 million ounces

What else do investors need to know?

West African Resources continued its strong safety performance during the quarter, reporting no significant health or safety incidents and an industry-leading injury frequency rate of 1.64.

Operationally, both the Sanbrado and Kiaka production centres performed well. Kiaka saw an 18% increase in mined ounces and a 6% rise in gold produced versus the previous quarter, while Sanbrado delivered production broadly in line with its annual plan.

Post-quarter, the Burkina Faso Government published a decree to acquire 25% of Kiaka SA for A$175 million. The company also updated its 10-year production outlook, targeting 5.3 million ounces of gold output from 2026 to 2035 and annual production peaking at 596,000 ounces in 2030.

What did West African Resources management say?

Executive Chairman and CEO Richard Hyde said:

With quarterly production of 107,728 ounces gold at an AISC of US$1,921/oz from our two large low-cost gold production centres of Sanbrado and Kiaka in Burkina Faso and based on our planned production profile for 2026, WAF is on-track to achieve annual production guidance of 430,000 – 490,000 ounces of gold at an AISC below US$1,900/oz.

Our updated Resources, Reserves and 10-year Production Plan also released in the quarter, reported further increases to the production plans for Kiaka and Sanbrado on the back of outstanding results from our 2025 drilling programs. At Kiaka we have also modelled higher production throughputs based on exceptional performance of the process plant. Planned production increases from Sanbrado and Kiaka underpin WAF’s goal of being a sustainable 500,000+ ounce gold producer.

WAF is on an exciting growth trajectory, and we continue to create value through the drill-bit with a US$20 million exploration budget and more than 100,000 metres of drilling planned at our Sanbrado and Kiaka production centres and surrounding exploration areas in 2026.

What’s next for West African Resources?

Looking ahead, West African Resources plans to maintain its annual gold production guidance of 430,000–490,000 ounces at an AISC below US$1,900/oz for 2026. Production is anticipated to rise further towards 500,000 ounces per year as the company executes its long-term expansion strategy.

The business is set to ramp up exploration activities with over 100,000 metres of drilling budgeted for 2026, aiming to extend mine life and boost resources. Upcoming milestones include reporting results from key drilling programs at M5 South and M5 North, and progressing pre-production mining activities at the Toega deposit.

West African Resources share price snapshot

Over the past 12 months, West African Resources shares have risen 47%, outperforming the S&P/ASX 200 Index (ASX: XJO) which has risen 12% over the same period.

View Original Announcement

The post West African Resources posts record cash, strong Q1 gold output appeared first on The Motley Fool Australia.

More reading

• Santos Q1 2026: Higher revenue, project ramp-up, steady guidance
• Scentre Group launches tender offer for 2030 subordinated notes
• Deep Yellow provides March 2026 exploration update
• Perseus Mining lifts gold production and maintains strong balance sheet in March 2026 quarter
• Temple & Webster names Susie Sugden CEO as Mark Coulter becomes Executive Chair

Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

While investing in proven ASX blue-chip stocks and diversified ASX ETFs can reduce volatility, some investors may also monitor ASX small-caps with large potential upside.

One such ASX small-cap that Bell Potter believes is worth keeping an eye on is Cyclopharm Ltd (ASX: CYC). 

Company overview

Cyclopharm is a medical device company operating in the specialist field of nuclear medicine. 

The main revenue driver is Technegas – a system indicated for functional lung imaging. 

The primary use of Technegas is diagnosis of pulmonary embolism in patients contra indicated for a CT scan. The product was approved for use in the United States in September 2023.

Investing in small-cap healthcare stocks like Cyclopharm is a high risk, high reward play. 

These types of companies often sit on a single product or technology that, if successfully commercialised or approved in a major market, can scale rapidly and generate outsized returns. 

Key catalysts to monitor are regulatory approvals or clinical results. These can sharply re-rate valuations.

In Cyclopharm’s case, the appeal lies in having an already commercialised product with recurring revenue potential and a major growth runway in the US. 

The bear case, however, is just as important. 

Small-cap healthcare is inherently risky due to heavy reliance on one product, execution challenges in new markets, regulatory uncertainty, and the constant need for capital, which can dilute shareholders. 

This volatility has been on full display this year for Cyclopharm shares, as it has fallen 26% year to date. 

Bell Potter’s view

In a new report from Bell Potter, it seems the broker is leaning more towards the bull case. 

The broker said the pace of deployment for Technegas generators in the US has begun to increase.

Cyclopharm Ltd installed six new devices in the first quarter of 2026, with at least 15 more expected by 30 June 2026. 

It previously took 21 months to reach 50 devices after pricing changes began in July 2024. However, the next 50 installations are expected to be completed much faster, within six to eight months from April 2026. 

Total installations are forecast to reach around 65 devices by the end of June.

Growth expected to lift

Bell Potter also noted a February 2026 capital raise at $0.95 per share increased cash to roughly $20 million. 

Cash burn in the second half of 2025 was $9.8 million and is expected to have peaked. Additionally, growth in the US is projected to lift gross margins toward 80%, up from around 55%.

We anticipate the company reaches breakeven at ~310 installed Technegas systems in the US, generating A$19m in revenues.

Elsewhere, Technegas has been explicitly recognised in draft guidelines issued by the two leading professional bodies in the US for nuclear medicine for ventilation perfusion and specifically for the assessment of pulmonary embolism This a significant item – recognition in guidelines for US healthcare providers is compliance matter which hospital operators take extremely seriously.

Strong upside for this ASX small-cap

Bell Potter has retained its buy recommendation for Cyclopharm shares. 

However the broker has reduced its price target to $1.00 (previously $1.50) following earnings downgrades and dilution from the recent capital raise. 

From yesterday’s closing price of $0.725, this indicates an upside potential of 38%. 

The post Down 26% year to date, is it time to buy low on this ASX small-cap? appeared first on The Motley Fool Australia.

More reading

• Santos Q1 2026: Higher revenue, project ramp-up, steady guidance
• Scentre Group launches tender offer for 2030 subordinated notes
• Has your ASX dividend stock increased its payout 28 years in a row?
• Deep Yellow provides March 2026 exploration update
• How I’d use the iShares S&P 500 ETF (IVV) to create $50,000 annual passive income

Motley Fool contributor Aaron Bell has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

The Perseus Mining Ltd (ASX: PRU) share price is in focus today after reporting a strong March quarter, with gold production jumping to 107,144 ounces and cash and bullion holdings lifting to US$817 million.

What did Perseus Mining report?

• Gold production for Q3 FY26 reached 107,144 ounces, up 21% from the prior quarter
• All-in site costs (AISC) averaged US$1,748 per ounce, down from US$1,800 in Q2 FY26
• Average gold sales price was US$4,143 per ounce
• Operating cashflow for the quarter was US$252 million, with cash and bullion at US$817 million
• Nyanzaga ore reserves grew 73% to 4.0 million ounces, with project development on track for first production in January 2027
• Perseus sold its 70% stake in the Meyas Sand Gold Project for US$260 million cash

What else do investors need to know?

Perseus’s three West African gold mines, Yaouré and Sissingué in Côte d’Ivoire and Edikan in Ghana, all increased production this quarter. The company also poured its first gold from the new CMA Underground at Yaouré, with commercial production expected in Q3 FY27.

During the quarter, the Nyanzaga development project in Tanzania remained on budget and schedule, achieving 48% completion and maintaining strong safety performance. Perseus also boosted its regional growth with a 9.9% equity stake in Aurum Resources and continued exploration at all key sites.

AUS$46 million was returned to shareholders via dividends, and an on-market buyback continued. Perseus ended the period debt-free and reported investments in listed securities of US$254 million.

What’s next for Perseus Mining?

Perseus has reaffirmed its FY26 production guidance of 400,000–440,000 ounces at an AISC of US$1,600–1,760 per ounce. The company is targeting commercial production from the CMA Underground at Yaouré in Q3 FY27 and first gold from the Nyanzaga project in January 2027.

Management remains focused on disciplined capital allocation, progressing organic projects, and ongoing exploration, while maintaining strong safety, sustainability and community engagement across all regions.

Perseus Mining share price snapshot

Over the past 12 months, Perseus Mining shares have risen 70%, outperforming the S&P/ASX 200 Index (ASX: XJO) which has risen 12% over the same period.

View Original Announcement

The post Perseus Mining lifts gold production and maintains strong balance sheet in March 2026 quarter appeared first on The Motley Fool Australia.

More reading

• Santos Q1 2026: Higher revenue, project ramp-up, steady guidance
• Scentre Group launches tender offer for 2030 subordinated notes
• Deep Yellow provides March 2026 exploration update
• West African Resources posts record cash, strong Q1 gold output
• Temple & Webster names Susie Sugden CEO as Mark Coulter becomes Executive Chair

Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

The 2024-25 de-merger of Webjet created two entities, ripe with promise of additional value for investors in a post-COVID, travel-heavy climate. But have rising interest rates and the fuel crisis created a double whammy for these ASX travel shares?

The de-merger saw Webjet Ltd (ASX: WJL) strengthen its focus on business-to-consumer (B2C) travel. Web Travel Group Ltd (ASX: WEB) focuses on business-to-business (B2B) travel, primarily through WebBeds, a platform that connects travel agents and hotels, airlines and online travel agencies.

The share price of Web Travel Group is down 30% over the past year, currently trading at around the $2.80 mark, down from the $5 range at the tail end of FY25. While Webjet has seen small growth, around the 10% mark, over the last 12 months to $0.58, it doesn’t appear that the value investors hoped the de-merger would release has materialised. 

So, what’s happening now? Is it just the current climate or is there more to the story? And are these ASX travel shares a buy right now? 

What’s happening in the broader travel space?

Australians love to travel. And although cost-of-living pressures, concerns about the fuel crisis and the safety of travel during the Middle East war are putting the brakes on for some travellers, Australian travel authorities are still forecasting growth in the coming months.

But when household budgets are squeezed, travel is often one of the first items on the chopping block. And current airfare elevation due to fuel prices and supply concerns is not sweetening the pot for already stretched travellers.

Business travel is, of course, less likely to be affected by cost. However, many companies are showing caution, possibly due to safety concerns and/or the optics of extensive travel as the fuel crisis continues. In late March, it was reported that Wesfarmers Ltd (ASX: WES) had suspended travel for all corporate team members.

Is Webjet a buy right now?

As a B2C travel brand, Webjet is feeling the pinch. Despite positive volume forecasts within the travel industry, investors are wary. Its 1H26 reporting showed a 3% decline in Total Transaction Value (TTV) on the prior corresponding period (PCP).

Webjet’s discretionary, consumer-facing and volume sensitive model is exactly the kind investors tend to avoid late in an economic cycle.

That said, the business itself is not in bad shape. It has good margins within an industry known for thin ones and a net cash balance of $111.9 million with no debt. In addition, its non-air income streams are a solid contributor at over 30% of OTA revenue.

So is this ASX travel share a buy? If you believe that global travel volume will bounce back, the current share price is an attractive entry point for a business with a good balance sheet.

Is Web Travel Group a buy right now?

Web Travel Group is a different proposition as it doesn’t work directly with consumers and isn’t as tied to the Australian economic context. It earns its revenue from transaction volumes across a diversified global network.

It delivered some solid 1H26 results:

• TTV up 22% on the prior corresponding period (PCP)
• Above guidance TTV margin
• WebBeds EBITDA up 21% on PCP
• Solid cash position with $481 million cash, $699 million available liquidity and a $200 million undrawn revolving credit facility

Of course, this was before the Middle East war and the resulting impact on travel. Investors are clearly unsettled across the sector, with most ASX travel shares seeing significant volatility. There may also be some poor sentiment, with some investors feeling the de-merger has not delivered on its promises yet.

In addition, Web Travel Group is a more complex model, deriving revenue from across multiple jurisdictions and currencies. This complexity can make it less appealing to investors when there are significant sector-wide cyclical challenges.

That said, in my opinion, Web Travel Group is a buy right now. While it may not have fully delivered on its de-merger promises yet, for me, it is a solid global travel platform that has been temporarily mis-priced due to macro and sector uncertainty.

The post Webjet and Web Travel Group: Are these ASX travel shares a buy? appeared first on The Motley Fool Australia.

More reading

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• Webjet share price lifting off on CEO bombshell
• 5 ASX shares I’d buy with $5,000 today

Motley Fool contributor Melissa Maddison has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

The Temple & Webster Group Ltd (ASX: TPW) share price is in focus after the company announced a major leadership transition, with Mark Coulter stepping into the Executive Chair role and Susie Sugden returning as CEO, effective 1 July 2026.

What did Temple & Webster Group report?

• Mark Coulter, co-founder and CEO, will become Executive Chair, supporting strategy and long-term growth.
• Susie Sugden, a former senior executive, will take over as CEO from 1 July 2026.
• Susie’s fixed annual remuneration is set at $850,000, with both short- and long-term incentives tied to performance.
• Coulter’s fixed annual remuneration as Executive Chair will be $500,000.
• Leadership changes include Stephen Heath moving to Lead Independent Director and Conrad Yiu chairing a new technology committee.

What else do investors need to know?

Temple & Webster is Australia’s largest online retailer for furniture and homewares, offering a wide range of products through an innovative drop-shipping model. The business has scaled rapidly, with revenue growing from $50 million in FY16 to over $600 million in the most recent financial year.

Susie Sugden brings significant leadership experience to her new role, having driven growth at Temple & Webster previously and at other fast-growing consumer brands. Investors should note that both executive roles include performance-based incentive plans, aligning pay with shareholder returns.

What did Temple & Webster Group management say?

Mark Coulter, Executive Chair said:

I am so proud of everything we have achieved at Temple & Webster. We have navigated the early start-up years, public market turbulence, global pandemics and cost of living crises, to firmly become one of the most successful e-commerce businesses in Australia. We have built an incredible platform – a team, brand, customer base and operating business that has so much potential. Now is the time to take that incredible platform to the next level. Bringing back Susie – a proven former executive at Temple & Webster, will provide me with more capacity to focus on strategy and longer-term growth opportunities, which will only become more important as we scale. I look forward to working closely with Susie as we continue our journey to become the largest retailer of furniture and homewares in Australia.

What’s next for Temple & Webster Group?

After a decade of growth under Mark Coulter, Temple & Webster is shifting its leadership to drive the next phase of expansion. The company will keep focusing on operational excellence, scaling its range, and meeting evolving customer needs.

With Susie Sugden at the helm, the strategy includes investing in technology and AI, improving the online shopping experience, and strengthening the company’s position as the country’s top furniture and homewares retailer.

Temple & Webster share price snapshot

Over the past 12 months, Temple & Webster shares have declined 62%, trailing the S&P/ASX 200 Index (ASX: XJO) which has risen 12% over the same period.

View Original Announcement

The post Temple & Webster names Susie Sugden CEO as Mark Coulter becomes Executive Chair appeared first on The Motley Fool Australia.

More reading

• Santos Q1 2026: Higher revenue, project ramp-up, steady guidance
• Scentre Group launches tender offer for 2030 subordinated notes
• Deep Yellow provides March 2026 exploration update
• West African Resources posts record cash, strong Q1 gold output
• Perseus Mining lifts gold production and maintains strong balance sheet in March 2026 quarter

Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Temple & Webster Group. The Motley Fool Australia has recommended Temple & Webster Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

Hub24 Ltd (ASX: HUB) and Netwealth Group Ltd (ASX: NWL) shares have been incredible investments over the past five years.

Since this time in 2021, the two investment platform providers’ shares have risen 230% and 75%, respectively.

Meanwhile, the shares of their small rival Praemium Ltd (ASX: PPS) have gone backwards.

But following a strong quarterly update, Bell Potter thinks this ASX tech stock could be destined to follow in the footsteps of Hub24 and Netwealth and generate market-beating returns for investors.

What is the broker saying?

Bell Potter was pleased with Praemium’s performance in the third quarter. It commented:

PPS has delivered a positive update, with signs that new client wins are beginning to translate into stronger flows. Given the different stages on each, we see this being a gradual benefit. For the first time since its launch 15-months ago, continued flows into Spectrum were more advanced than the trend. PPS is now absorbing some attrition from departing OneVue advisers following completion of the migration. Conditions are improving beneath the surface, with further upside to be unlocked, as evidenced by Powerwrap’s stabilisation. PPS also highlighted two key multi-year client renewals, a welcome development after the loss of a large account.

Overall, the broker believes the result demonstrates that the worst is now behind this ASX tech stock and it could be onwards and upwards from here. It adds:

We see the result proofing execution and product development. Spectrum saw record gross inflows of $708m in challenging conditions and the quieter period, compared to the regular profile around $445m and BPe of $587m. The recovery narrative remains intact with PPS tracking to records. Including outflows and adviser exits, Spectrum net inflows printed $502m against BPe $441m. Powerwrap’s net inflows improved further on the pcp to $94m ahead of BPe $62m despite sales coming in below expectations.

Should you buy this ASX tech stock?

According to the note, the broker has retained its buy rating and $1.20 price target on its shares.

Based on its current share price of 75.5 cents, this implies potential upside of almost 60% for investors over the next 12 months.

It also expects a handy 3.5% fully franked dividend yield over the period.

Commenting on its buy recommendation, the broker said:

Following the update we have upgraded EPS +2%/+0%/+1%. Conditions continue to improve for PPS. New drivers are in play that should support a re-rating of the shares, in-line with PE transaction multiples. This would suggest an $800m enterprise value.

The post Missed out on Hub24 and Netwealth? Bell Potter thinks this ASX tech stock is next appeared first on The Motley Fool Australia.

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Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Hub24, Netwealth Group, and Praemium. The Motley Fool Australia has positions in and has recommended Netwealth Group. The Motley Fool Australia has recommended Hub24. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

The Ampol Ltd (ASX: ALD) share price is in focus today as the company moves closer to completing its proposed acquisition of EG Australia, with a formal remedy offer submitted to the ACCC and a total of 41 sites now committed to divestment.

What did Ampol report?

• Final remedy offer lodged with the ACCC to progress EG Australia acquisition
• Total of 41 sites proposed for divestment, up from the previously offered 37
• Ongoing constructive engagement with ACCC regulators
• Discussions with prospective buyers for the divested sites have materially advanced

What else do investors need to know?

Ampol’s move to add four more sites to the divestment pool comes after further negotiation and engagement with the ACCC. The company aims to address competition concerns and accelerate regulatory approval.

The ACCC is expected to deliver its Phase 2 determination by 5 June 2026, though this deadline may be extended up to 15 business days. Subject to clearance and meeting other requirements, Ampol is targeting a mid-2026 completion date for the transaction.

What’s next for Ampol?

Looking ahead, Ampol remains committed to finalising its acquisition of EG Australia, pending ACCC approval. The company is already well advanced in discussions to sell the divested sites as a package.

Investors will be watching regulatory outcomes closely, as well as Ampol’s post-acquisition integration plans and progress on strategic priorities in the fuel and convenience retailing sector.

Ampol share price snapshot

Over the past 12 months, Ampol shares have risen 47%, outperforming the S&P/ASX 200 Index (ASX: XJO) which has risen 12% over the same period.

View Original Announcement

The post Ampol’s final ACCC remedy brings EG Australia acquisition closer appeared first on The Motley Fool Australia.

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Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.